Imperial Brands PLC

IMB

Equity

ISIN GB0004544929 / Valor 517719

LSE London Stock Exchange, SETS (2024-11-21)

GBP 25.09-0.20%

Imperial Brands PLC
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About company

Imperial Brands PLC, formerly known as Imperial Tobacco Group plc, is a global tobacco company with a strong presence in the UK, Spain, and the US. The company's portfolio includes well-known brands such as Gauloises, Nobel, Fortuna, USA Gold, Sonoma, West, and Davidoff. Imperial Brands has expanded its product offerings to include potentially less harmful alternatives to traditional tobacco products, reflecting a shift in consumer preferences. The company has a history of strategic acquisitions, such as Altadis and Reemtsma, which have helped it establish a significant presence in key markets across Europe and the US. Imperial Brands is listed on the London Stock Exchange and continues to focus on innovation and product development to meet the evolving needs of its customers.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Revenue Performance

Imperial Brands PLC reported revenue of £15,064 million for the six months ended 31 March 2024, reflecting a slight decline of 2.3% compared to the same period in 2023. This decrease is attributed to various market dynamics and external challenges faced during the period.

Tobacco & NGP Net Revenue

The company's Tobacco & Next Generation Product (NGP) net revenue stood at £3,637 million, showing a marginal decline of 0.7% from the previous year. However, on a constant currency basis, this segment experienced a growth of 2.8%, driven by strong pricing and product innovation.

Operating Profit

Imperial Brands PLC's operating profit for the first half of 2024 was £1,494 million, a decrease of 2.6% compared to the same period in 2023. Adjusted operating profit also saw a decline of 2.7%, but on a constant currency basis, it grew by 2.8%, indicating underlying operational strength.

Earnings Per Share

The company reported earnings per share of 96.0 pence, an 18.0% decrease from the previous year. However, adjusted earnings per share increased by 1.4% to 120.2 pence, and by 7.7% on a constant currency basis, benefiting from operating profit growth and a reduction in share count.

Dividend and Share Buyback

Imperial Brands PLC announced an interim dividend of 44.90 pence per share, representing a 4.0% increase from the previous year. Additionally, the company is on track to complete its £1.1 billion share buyback program, reflecting its commitment to returning capital to shareholders and confidence in future performance.

Summarized from source with an LLMView Source

Key figures

34.4%1Y

58.3%3Y

46.8%5Y

Performance

17.1%1Y

19.7%3Y

24.5%5Y

Volatility